§490:9-503  Name of debtor and secured
party.  (a)  A financing statement sufficiently provides the name of the
debtor:



(1)  If the debtor is a registered organization, only
if the financing statement provides the name of the debtor indicated on the
public record of the debtor's jurisdiction of organization which shows the
debtor to have been organized;



(2)  If the debtor is a decedent's estate, only if the
financing statement provides the name of the decedent and indicates that the
debtor is an estate;



(3)  If the debtor is a trust or a trustee acting with
respect to property held in trust, only if the financing statement:



(A)  Provides the name specified for the trust
in its organic documents or, if no name is specified, provides the name of the
settlor and additional information sufficient to distinguish the debtor from
other trusts having one or more of the same settlors; and



(B)  Indicates, in the debtor's name or
otherwise, that the debtor is a trust or is a trustee acting with respect to
property held in trust; and



(4)  In other cases:



(A)  If the debtor has a name, only if it
provides the individual or organizational name of the debtor; and



(B)  If the debtor does not have a name, only
if it provides the names of the partners, members, associates, or other persons
comprising the debtor.



(b)  A financing statement that provides the
name of the debtor in accordance with subsection (a) is not rendered
ineffective by the absence of:



(1)  A trade name or other name of the debtor; or



(2)  Unless required under subsection (a)(4)(B), names
of partners, members, associates, or other persons comprising the debtor.



(c)  A financing statement that provides only
the debtor's trade name does not sufficiently provide the name of the debtor.



(d)  Failure to indicate the representative
capacity of a secured party or representative of a secured party does not
affect the sufficiency of a financing statement.



(e)  A financing statement may provide the name
of more than one debtor and the name of more than one secured party. [L 2000, c
241, pt of §1]